A comparative analysis of the cost of cash retention and retention bond / Bashir O. Ganiyu ... [et al.]

• Main Authors: Ganiyu, Bashir Olanrewaju (Author), Ola-awo, Wasiu Adeniran (Author), Adetoro, Kabir (Author), Umar, Moh'd Kabir (Author)
• Format: Knjiga
• Izdano: Faculty of Architecture, Planning & Surveying, 2015.
• Teme: Article; PeerReviewed
• Online dostop: Link Metadata

The practice of cash retention has been identified to be an opportunity cost to the contractor, equivalent to interest loss on cash retained, which could amount to a huge sum for larger contract. Literature revealed the use of retention bond as the best solution to the problems of cash retention. He...